Financing for Specialized Local Freight Trucking

Looking for commercial loans for specialized local freight trucking? An SBA loan may be just what you've been looking for. This $4,200 specialized local freight trucking loan was issued by a New Hampshire bank.

This business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Woodsville Guaranty Savings Bk, out of Woodsville, New Hampshire. The loan was granted and they received $4,200 to help grow their Whitefield, New Hampshire business.

SBA Loan Borrower

COMPANY TYPE: LOCAL TRUCKING WITHOUT STORAGE
WHITEFIELD, NH 03598

SBA Loan Lender

WOODSVILLE GUARANTY SAVINGS BK
63 CENTRAL ST
WOODSVILLE, NH 03785

This was a Low Documentation SBA loan. The SBA created this program to minimize the paperwork associated with getting a loan . The low-doc program involves completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Right now, the maximum small business loan for this SBA program is $100,000.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

4212 - Local Trucking Without Storage

NAICS Code

484220 - Specialized Local Freight Trucking

Loan Approval Date

5/23/2001

Loan Approval Gross Amount

$4,200

Loan Approval from the SBA

Of the total $4,200 loan amount, the SBA guaranteed $3,570.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had only one employee. This SBA loan request did not indicate that the SBA funding recipient planned to use the money to increase staffing levels or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

We can help you find the best banks for small businesses in Whitefield or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

Related Links:

How Equity Dilution Works

Good Banks for Small Business in Woodsville, New Hampshire

Getting a Business Loan in New Hampshire